The Australian Prudential Regulation Authority (APRA) will apply an additional $250 million capital requirement
to Allianz Australia Limited (Allianz) to reflect the issues identified in the insurers risk governance self-assessment.
The regulator is to apply an additional AUD250m capital requirement
to Allianz Australia Ltd.
"We feel, together with the PIRA, that a P900 million capital requirement
should be kept and not further increased to P1.3 billion," Loozekoot said on the sidelines of PLIA's 69th Anniversary celebration on Tuesday night.
Less than a year before the deadline, the Insurance Commission disclosed yesterday that many non-life insurers remain way below the government's minimum capital requirement
New Delhi: The government is expected to infuse about Rs 10,000 crore within a few days in some state-owned lenders including PNB, Corporation Bank and Central Bank of India, to help them meet regulatory capital requirement
Under FSRA's current rules, an authorised firm that manages a collective investment fund is subject to a capital requirement
that is either determined on a base capital requirement
(BCR) of $250,000 or an expenditure based capital minimum (EBCM) if higher than the BCR.
* The capital requirement
to cover insurance liabilities has increased substantially under the risk-based capital regime of Solvency II.
Islamabad -- The Securities and Exchange Commission of Pakistan (SECP), with the approval of its Policy Board, has increased the minimum paid up capital requirement
for insurance companies.
Based on 2013 results as well as the stress tests, most insurers fulfill the so-called solvency capital requirement
, the Dutch central bank said in a statement yesterday.
The FSC will replace the NCR rules with the 'minimum capital requirement
', which includes regulatory capital requirement
, capital requirement
for client asset management, and capital requirement
for proprietary investments.
They set the initial capital requirement
. They can intervene to check banks' risk-taking.
British capital requirement
rules don't apply to resident foreign bank branches located in-country but with headquarters abroad.